PARK LODGE, WEST AVENUE, WIGTON, CA7 9LG - £249,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

PARK LODGE is a very small detached house of 0m², which could now be worth an estimated £332,263. It was last sold for £249,500 in June 2017, which was around 19% above the average June 2017 detached price in the Cumberland local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

PARK LODGE Sold Prices

Land registry data shows three sales for PARK LODGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. All of the three PARK LODGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 13 JUN	£249,500	£209,207	19% above HPI
2016 17 MAR	£250,000	£210,597	19% above HPI
2008 27 NOV	£230,000	£194,628	18% above HPI

PARK LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The three PARK LODGE sales between November 2008 and June 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2016 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2017 sale, which was also at 19% above the HPI.

What might PARK LODGE be worth now?

PARK LODGE might now be worth an estimated £332,263.

This is based on house price inflation of 33.2%, between June 2017 and February 2025, for detached houses, in the Cumberland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.2% inflationary increase is applied to the most recent sale price for PARK LODGE of £249,500 on 13th June 2017. For the value to have increased from £249,500 to £332,263 over the eight years and four months to February 2025, the following assumptions must hold true:

• The value of PARK LODGE has moved in line with the HPI for detached houses in the Cumberland local authority area.
• The June 2017 sale price of £249,500 represented a fair market value for the property.
• The size, condition, and specification of PARK LODGE has not materially changed since June 2017.

How Large is PARK LODGE?

PARK LODGE is 0m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 10% of detached houses houses in Wigton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wigton, and where PARK LODGE lies on this distribution: Less than 1% of detached houses houses are smaller than PARK LODGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Wigton.

PARK LODGE: Plot and Title Map

PARK LODGE sits on a plot of roughly 74.2 acres, or 300,180m². The below map shows the location of PARK LODGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of PARK LODGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is PARK LODGE?

PARK LODGE is located on WEST AVENUE in WIGTON, in the CA7 postcode district. The below map shows the position of PARK LODGE on WEST AVENUE.